# History points to rand decline after elections: chart - Moneyweb

> Bloomberg data show that since the start of the post-apartheid era, the rand has tended to strengthen in the month before elections and weaken in the 30 days after them. The national vote is scheduled for May 8. The article uses this history to forecast possible post-election weakness.

- Date: 2019-04-29 · published 2019-04-29T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/59862-history-points-to-rand-decline-after-elections-chart-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A weaker rand after the election would raise the local cost of imported feed ingredients. The outlook is a forecast based on past patterns, so it is not a confirmed price driver.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news-fast-news/history-points-to-rand-decline-after-elections-chart/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.